Drug and Gene Delivery Systems Market Is Projected to Register a Compounded Annual Growth Rate (CAGR) of over 6% from 2017 to 2025
May 18, 2018 at 02:27 AM EDT
Albany, NY -- (SBWIRE) -- 05/18/2018 -- The global drug and gene delivery systems market was valued over US$ 510 Bn in 2016 and is projected to register a compounded annual growth rate (CAGR) of over 6% from 2017 to 2025, according to a new report published by Transparency Market Research (TMR) titled "Drug and Gene Delivery Systems Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025". The report suggests that the rising demand for advanced drugs led by increased prevalence of chronic and acute diseases worldwide is enhancing drug discovery operations and the research in the fields of pharmaceuticals and biotechnology. This is likely to drive the of drug and gene delivery systems market in the next few years (from 2017 to 2025).